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Taken from Hoovers: Tut Systems puts its equipment through the copper hopper. The company develops Internet-access products for phone company local loops, businesses, and homes to provide high-speed data delivery over underutilized copper phone wires. Tut's products include the XL line for corporate, university, and other multi-building campuses; the Expresso System for high-speed Internet access over local loop networks; and the HomeRun family that allows households to link PCs and peripherals into small networks. Tut, which relies on contractors to make its products, sells directly and through manufacturers and resellers. Chevron and Lockheed Martin are among Tut's clients; its investors include Microsoft (13%), AT&T, and Intel. Web Site: tutsys.com Expected IPO date: Week of Jan. 25, 1999 DD | ||||||||||||||
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